ZIM Q3 results: a test of resilience 
ZIM Integrated Shipping Services reported a significant net loss of USD 2.27 billion for Q3/2023, primarily due to a non-cash impairment loss of approximately USD 2.1 billion. This loss is a stark contrast to the net income of USD 1.166 billion in Q3/2022. The company's... more
First 737-800 BCF for Oman Air Cargo
Boeing and Oman Air have announced an order and delivery of the operator's first 737-800 Boeing converted freighter (BCF). The order is the first dedicated cargo aircraft for the Muscat-based carrier. Oman Air Cargo saw its cargo volume increase 42% during H1/2023, compared to... more
Icao and Iaea to deepen cooperation
Icao and the International Atomic Energy Agency (Iaea) have agreed to enhance their cooperation around the transport of radioactive materials by air, notably to improve the efficiency and speed of these shipments that are vital for cancer care and other medical uses around the... more
Etihad Cargo launches IOR solution
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has launched an innovative “Instant Offer Rate” (IOR) tool, further enhancing the carrier's online booking portal to streamline the booking process, provide faster response times and raise the levels of customer... more
From Dubai via Cyprus into Europe
Cyprus Airways, the flag carrier of Cyprus based at Larnaca International Airport (LCA), has recently appointed ANA Aviation Services as its GSA in the UAE - with flights now regularly operating between Dubai (DXB) and LCA. Anilash Nair, ANA’s regional sales manager based in... more
Another trio for Arkas
Arkas Line, which owns the largest fleet of container vessels in Turkey, has acquired three new vessels from MPC Container Ships, a Norwegian container operator. This expansion brings the carrier’s total fleet count to 50 vessels and increases its total capacity to 87,335 teu.... more
Bolloré Logistics appoints CEO for Middle East
Jean-Baptiste Rambaud has been named CEO of Bolloré Logistics Middle East. Based in Dubai, he will help grow the company’s business in this region and launch new projects in the aerospace, healthcare, luxury goods, and food & reefer sector. Rambaud joined the Bolloré... more
Global market recovery continues in September
According to data released by the International Air Transport Association (Iata), global demand, measured in ctk, increased by 1.9% compared to September 2022 levels. Capacity, measured in available ctk, was up by 12.1% compared to September 2022. Growth was owed largely to... more
Ten new vessels for AD Ports
AD Ports Group is acquiring ten offshore vessels for approximately USD 200 million from E-NAV to reenforce its operations in the Middle East and Southeast Asia. These vessels, with an average age of nine years and younger than the industry norm, are diverse in type and are set... more
ZEX: revamped China-LA route
Zim Integrated Shipping Services has re-introduced its Zim e-commerce Xpress (ZEX) line, a service connecting South China to the US West Coast and tailored for the e-commerce sector. ZEX offers a 12.5-day transit from China to Los Angeles, guarantees on space and equipment... more